The film industry is now vulnerable to the current pandemic situation, with studios such as the Warner Brother experiencing a big hit. Production and consumption of movies require many people to go into small spaces. The global entertainment sector needs venues like online streaming, parks, theater production, live events, and trade shows, which cannot be achieved with the current situation of the pandemic. Key factors that have affected the entertainment industry after the Coronavirus is shutting down of theater production and cinema theaters.
Following the guideline from the government, Warner Brother film production company had to shut to cancel or shut down its shows. For the well-being of the staff, the company decided to close the on-site visitor service center and made the team migrate into off-site work. Due to COVID-19, movies are now made available at homes at the same time they are available in theaters. The difference between digital release and theatrical is disappearing with the company’s theaters shutting down. As such, one of the potential impacts is causing the studio to change leverage in the ability to negotiate with theaters chains.Also, consumers’ behavior may change.
To help employee during the current pandemic crisis, Warner Brothers is committed to using resources help make a difficult time lesser for workers, customers, and other community members. For instance, the company committed to giving $100 million in assistance to people impacted by stopping the production.Warner Brothers donates masks, gloves, and other essential protective equipment to workers. The company encourages viewers to remain at home and offer dozens of free sites or documentaries. Warner media has committed nearly #3 million to support the culture and art industry. Also, the studio has partnered with white house, CDC, HHS, and Ad Council to launch a series of PSA.
Memorandum
From: Warner Brothers Management
To; All Warner Brothers
Date: 6/5/2020
Subject: Impact of Covid-19 to WarnerBrothers Studios
It has come to our attention that the global pandemic is a serious threat not only to our life but also to daily activities. The Covid-19 diseases have had quite an impact on our entertainment industry since its spread. Due to the viral outbreak, the company has been forced to close shut down major events, shows, and suspend some programs as a proactive strategy to keep safe. The spread of novel Covid-19 has forced Warner Brothers to halt production and release scheduled films as well as television series. We will experience a delay in releasing highly anticipated movies this year as we embark on ways to re-approach the issue.
With no cure or vaccine yet, the rapid rising of death rolls and new confirmed cases has caused worldwide panic. As such, the disease has spurred stocks to plummet, halt millions of people from traveling among whom are our esteemed customers in theaters. Needless to say, the impact is felt all over the globe in practical ways where movie production and events have to be cancelled or postponed. With the current situation, we have been forced to close studios and stop production as we devise new ways of starting up production safely. As Warner Brothers, we are working hard as we can to ensure states allows us to return to work when ready. However, currently, there is no clear timeline as to when production may resume, but this pandemic will impact the plotting and cinema planning. Meanwhile, we urge all members, staff, and viewers to stay safe during this crisis.